Blackfacts Login

Login to BlackFacts.com using your favorite Social Media Login. Click the appropriate button below and you will be redirected to your Social Media Website for confirmation and then back to Blackfacts.com once successful.



Enter the email address and password you used to join BlackFacts.com. If you cannot remember your login information, click the “Forgot Password” link to reset your password.

Forgot Password?
Forgot Your Blackfacts Password?

Enter the email address and password you used to join BlackFacts.com. If you cannot remember your login information, click the “Forgot Password” link to reset your password.


BlackFacts.com
  • Home
  • Learn
    • American Black History
    • Black History Calendar
    • Black History Facts of the Day
    • Black History Heroes
    • Caribbean Revolutionaries
    • Divine Nine - Black Fraternities and Sororities
    • Ethnic Studies Historical Events/Timelines
    • LatinX Trailblazers
    • LGBTQ+ Pioneers
    • Native American Icons
    • Wakanda "Global-Cultural" News
    • Historical Women of Color
  • For Educators
    • Diversity Schoolhouse
    • BlackFacts for Homeschoolers
    • Cultural & Historical Video Series
    • Schedule a Demo
    • Subscribe Now!
  • Shop
    • BlackFacts SWAG
    • Diversity Content Widgets
  • About Us
  • Home
  • Learn
    • American Black History
    • Black History Calendar
    • Black History Facts of the Day
    • Black History Heroes
    • Caribbean Revolutionaries
    • Divine Nine - Black Fraternities and Sororities
    • Ethnic Studies Historical Events/Timelines
    • Latinx Trailblazers
    • LGBTQ+ Pioneers
    • Native American Icons
    • Wakanda "Global-Cultural" News
    • Historical Women of Color
  • For Educators
    • Diversity Schoolhouse
    • BlackFacts for Homeschoolers
    • Cultural & Historical Video Series
    • Schedule a Demo
    • Subscribe Now!
  • Shop
    • BlackFacts SWAG
    • Diversity Content Widgets
  • About Us
  • Calendar
  • History
  • Videos
  • News
  • Donate

BlackFacts Details

Fed Powell says new lending programs to launch by June 1

  • fave
  • like
  • share

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Tuesday that the Fed lending programs for medium-sized businesses and state and local governments would begin operating by the end of this month.

Powell said that while the Fed has received a “good deal of interest” in those programs, if not enough companies or state and local governments seek to borrow, the Fed would consider changes to them.

AP’s earlier story is below:

Treasury Secretary Steven Mnuchin will likely come under tough questioning from senators Tuesday about a small business lending program included in the government’s $2 trillion relief package.

In his prepared testimony, Powell said the central bank will disclose the amounts borrowed and the interest rates it levies under its programs to provide credit for large corporations, state and local governments, and medium-sized businesses.

Powell said the Fed will also name the companies that benefit from its two facilities that have started to purchase corporate debt, as well as its program to purchase municipal bonds and a facility that will buy securities backed by auto, student, and credit card loans.

Source: Black News Channel - Black News Channel
This Black Fact was brought to you by Center for Critical Race and Digital Studies

National Trust for Historic Preservation

Popular Topics

  • African American
  • American Civil War
  • Barack Obama
  • Black People
  • Democratic Party
  • Martin Luther King Jr.
  • New York City
  • Southern United States
  • United States
  • Washington DC

Kids 2 Kings Comic Book Preview

Lifestyle Facts

Sports Facts

  • LeBron James joins athletes voicing outrage over death of unarmed black man after arrest
  • Clippers add Reggie Jackson and Nicolas Batum, waive Joakim Noah
  • Wow Clients and Employees With a Virtual Holiday Party
  • US hiring slows sharply to 245,000 jobs as virus intensifies - Black News Channel
  • Reddit Co-Founder Alexis Ohanian Resigns From The Board, Requests For A Black Person To Replace Him - Blavity
  • Deacon Jones
  • Latest 30 For 30 Film To Explore An Indigenous Community In Mexico’s Love For Running
  • Joe Biden Selects Kamala Harris as Running Mate
  • The NBA’s “pause” was remarkable regardless of the results.
  • Steph Curry’s First Sneaker Under His Curry Brand, The Curry 8 Flow Is An Industry Changer
  • Home
  • /
  • Terms of Service
  • /
  • Privacy Policy
  • /
  • Fair Use Notice
  • /
  • Dedication

Copyright © 1997 - 2025 Black Facts. All Rights Reserved.

Blackfacts BETA RELEASE 11.5.3
(Production Environment)